Lexmark

Newsweek

For Newsweek, immediate access to financial and other operational reports is vital for success. Publishing is an extremely competitive business, and business executives need to be able to quickly spot financial and other trends and react to them. Previously, Newsweek depended on a mainframe-based printing system for publishing financial reports and the printing facility was located in offices separate from corporate headquarters. Printing reports could take several hours after a report was requested for it to be delivered to corporate headquarters from the printing facility via courier. Through Lexmark’s comprehensive workshop and discovery process, Newsweek identified this and other troublesome workflow areas and built a phased output strategy to address them. In the first phase, Lexmark replaced the mainframe-based system with a Web-based, distributed print-on-demand system, which allows reports to be viewed online and to be printed locally. The result is a projected five-year net benefit of $514,818 and immediate, on-demand access to vital financial reports and other documents by executives and employees who need the information to make informed business decisions. Note: These cost savings reflect the initial implementation of the Lexmark solution on five floors in Newsweek’s New York offices and are based on a full adoption of Lexmark’s recommendations with respect to the elimination of most stand-alone local devices over time.

Coca-Cola Enterprises Leverages Output Strategy to Consolidate Vendors and Devices and Reduce Costs

The Organization

Coca-Cola Enterprises Inc. (CCE) is the world’s largest marketer, distributor and producer of products manufactured by The Coca-Cola Company. In 2006, CCE achieved total revenue of $19.8 billion, distributing 42 billion bottles and cans, 19 percent of The Coca-Cola Company’s volume worldwide. Operating in 46 states, Canada and portions of Europe, CCE employs 74,000 people who operate 444 facilities, 55,000 vehicles and 2.4 million vending machines, beverage dispensers and coolers.

The Challenge

Since 1986, CCE had grown by acquisition of local bottlers across the globe, and the company’s paper and equipment burden grew with each acquisition. Each location and division had its own policies and procedures. Several years ago, CCE launched projects to increase efficiencies throughout the organization, focusing on ways to consolidate the number of output suppliers, standardize specific products and decrease lifetime total cost of ownership (TCO).

Lexmark to Participate in the 2013 Citi Global Technology Conference

LEXINGTON, Ky., Aug. 20, 2013 /PRNewswire/ -- Lexmark International, Inc. (NYSE: LXK) announced today that John Gamble, Lexmark executive vice president and chief financial officer, will participate in the Citi Global Technology Conference on Sept. 3, 2013, in New York City.

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Hosted Testing and Grading Technical White Paper

Introduction

In schools everywhere, teachers are continuouly asked to do more testing, assessment, and reporting. At the same time, student-to-teacher ratios are increasing, and manual grading can't keep up with demand. Automation helps, but current solutions for automatically grading test forms require expensive specialized equipment and pre-printed forms that must be kept in inventory. IT staff are stretched, and specialized systems require extra maintenance time that isn't always available. Also, as more data is kept electronically and online, privacy and security remain principal concerns.

LexmarkTM Hosted Testing and Grading is a cost-effective solution that automates testing, reporting, and assessment using only Internet-connected Lexmark multifunction printers (MFPs), which, unlike specialized equipment, can be used for all printing and scanning as well. Hosted software minimizes system maintenance, and a robust security architecture protects students' data.

Lexmark Introduces Next-Generation MX6500e to Create Complete, Configurable MFP

NewsByte – April 30, 2013 – Lexmark International, Inc. (NYSE: LXK) today announced its new Lexmark MX6500e Multifunction Option that expands the capabilities of the company’s award-winning workgroup monochrome printers to create a powerful multifunction system that meets customers’ demanding capture, copy and finishing needs.

The Lexmark MX6500e Multifunction Option easily combines with Lexmark’s MS710 Series* and MS810 Series* of monochrome laser printers with a modular design that adapts to the layout of a facility or office to enable workflow efficiency. Users can conveniently position the device closest to where the work is performed, including lower heights for easier accessibility and serviceability.

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Funai Acquiring Lexmark's Inkjet-Related Technology and Assets

Lexington, KY - Funai Electric Company, Ltd. today announced that it has signed an agreement to acquire Lexmark International, Inc.'s inkjet-related technology and assets for approximately $100 million (approximately JPY 9.5 billion).

Upon closing of the transaction, Funai will acquire more than 1,500 inkjet patents, Lexmark's inkjet-related research and development assets and tools, all outstanding shares and the manufacturing facility of Lexmark International (Philippines), Inc., and other inkjet-related technologies and assets. Through this transaction, Funai will acquire the capabilities to develop, manufacture and sell inkjet hardware as well as inkjet supplies. The transaction is subject to customary closing conditions and is expected to close within the first half of 2013.

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Wow…Is That Really an Inkjet?

By Marlene Orr, Senior Analyst, Printers/A4 MFP, March 20, 2013

Historically, inkjets have been slower than laser devices, and although high-capacity cartridges were available for business-class inkjets, the yields were generally lower than those available for business-class laser machines. Of course, the inkjets cost less and many offered a comparable cost per page, making them a good choice for low-volume environments. But those slower speeds and relatively low yield cartridges didn’t make them a good fit for higher-volume business environments. Until now, that is.

Hewlett-Packard Company (HP) has long been a fixture in the home and in the office with its inkjet technology, but the new Officejet Pro X series products turns the idea of inkjet printing on its head. With rated speeds topping out at 70 ppm (42 ppm in default mode), combined with a high duty cycle (75,000 pages per month) and ink cartridges that yield more than 5,000 pages each, the Officejet Pro X576 MFP and X551 printer look like true competitors for laser devices at these higher values. Here’s a peek at some of the first test results coming out of the lab on these models and how they compare with laser models.

Lexmark Acquires Twistage and Accessvia

LEXINGTON, Ky., March 5, 2013 /PRNewswire/ -- Lexmark International, Inc. (NYSE: LXK) today announced the completion of two acquisitions, San Francisco-based Twistage and Seattle-based AccessVia. The total acquisition price for the companies combined is approximately $31.5 million.

Twistage

Twistage offers an industry-leading, pure cloud software platform for managing video, audio and image content.

Twistage's framework easily integrates with customers' existing applications and is flexible and adaptable – bridging gaps in a company's media management infrastructure.

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Lexmark, Anheuser-Busch Inbev Expand MPS Agreement to Include Europe

LEXINGTON, Ky., Jan. 28, 2013 /PRNewswire/ -- Lexmark International, Inc. (NYSE: LXK) today announced it has signed a five-year agreement with Anheuser-Busch InBev that extends its services into Europe to drive improved productivity and cost savings for the leading global brewer.

The multi-country services contract calls for world-class managed print services (MPS), a standardized fleet of innovative printers and smart multifunction products (MFPs) and improved business processes to be provided to Anheuser-Busch InBev. The scope of services includes corporate offices in addition to breweries.

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Managed Print Services: Tackling the Last Frontier in Substantially Cutting IT Speed

Introduction

The current economic crisis has had a major impact on how enterprises allocate their IT budgets. Despite the fact that shrewd investments in services will provide immediate cost savings, enterprises are still reluctant to spend, requiring greater proof of realistic return on investment in the short- to mid-term and taking considerably longer to make final decisions before getting projects up and running.

Offerings that are increasingly attractive are focused on cost savings, strong business benefits, governance and risk reduction. Now that companies are scrutinising their overheads, many of today's major international organisations are starting to realise that more effective management of print procedures and document archives will save them both time and money, although they often have no concept of the magnitude of that saving.

An economic downturn will usually push expenditure to operational (opex) rather than capital expenditure (capex). The major reasons for this are:

  • Greater flexibility, less cost: Opex-based spend allows budgets to be cut or increased faster and with fewer penalties and costs. It also allows new services to be bought and deployed more quickly and more easily. A utility pricing model — where a single invoice is generated on a monthly or quarterly basis — ensures that companies pay for what they use.
  • Less risk: Moving towards opex decreases the risk of infrastructure overcapacity and consequently financial charges.
  • Budget constraints or reluctance to borrow to fund investments: Avoiding assets on the balance sheet lowers an organisation's need for raising equity or taking loans to finance the assets. Consequently opex-based engagements become more attractive. This is also likely to drive interest for asset-based third-party agreements such as outsourcing and managed services. 

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